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Marico
BSE: 531642NSE: MARICOISIN: INE196A01026

20th-Jun-2019 18:17Source: BSE

Marico - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed by circulation on June 20, 2019, has issued and allotted 80,000 equity shares of face value of Re. 1 each of the Company under ESOP 2016 to the eligible grantee under the said Plan, pursuant to exercise of stock options granted thereunder.

In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 (SEBI SBEB Regulations), the details of shares allotted as above are given in Annexure A to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company.

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2019-08-01

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